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DocuSlgn Envelope ID: F5C73C42-8060-4400-9F23-71E5885223C0 <br />MEMORANDUM OF SETTLEMENT AGREEMENT <br />1. As owner of the property (the "Property") described in the attached Exhibit A, <br />N.O.B. 216 Holdings, hereby provides this notice that the Property is subject to a July _, 2015 <br />"Settlement Agreement" between Maxwell Water Supply Corporation, the State of Texas, acting <br />by and through George P. Bush, Commissioner of the Texas General Land Office for use and <br />benefit of Permanent School Fund; N.O.B. 216 Holdings, Ltd.,; Yarrington Partners, Ltd.; <br />Whisper Master Community, L.P. as successor -in -interest to Texas Realty Retail Partners, Inc. <br />and the City of San Marcos, Texas. <br />2. A copy of the Settlement Agreement, which delineates how water service is to be <br />provided to the Property, may be obtained from the Maxwell Water Supply Corporation, 216 <br />Main Street, Maxwell, TX 78656 (512-357-6253). <br />3. Upon satisfaction of the terms of the Settlement Agreement, Maxwell Water <br />Supply Corporation will file a Release in the Hays County Deed Records. <br />Date: <br />N.O.B. 216 Holdings, Ltd. <br />[signature] <br />[printed name] <br />Maxwell Water Supply Corporation <br />[signature] <br />[printed name] <br />